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प्रश्न
Explain any five reasons in planning an effective family budget.
What are the reasons for making a family budget?
Explain the importance of budgeting.
थोडक्यात उत्तर
उत्तर
- Budget acts as an intelligent guide to spending.
- A rational budget can help you steer clear of debt.
- Budgeting ensures that your spending is not greater than your income.
- It assists you in getting ready for contingencies or unforeseen costs that might push you towards financial adversities.
- Allows to regulate funds.
- It helps to live within one's income
- Avoids erratic decisions.
- It helps to identify extravagant expenditures.
- It helps to make proper decisions regarding what to include and omit from the main budget.
- A budget determines how a family can use all available resources and helps identify unnecessary and extravagant expenditures.
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Notes
Students should refer to the answer according to their questions.
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
